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Charles Schwab is set to introduce spot trading for Bitcoin and Ethereum, catering to clients looking to integrate crypto with traditional investments. CEO Rick Wurster revealed the move, highlighting Schwab’s significant crypto ETP holdings.
- Schwab clients hold over 20% of the crypto ETP market, showcasing strong existing crypto exposure.
- Crypto represents only $25 billion of Schwab's $10.8 trillion in client assets, indicating room for growth.
- The spot trading launch aims to simplify crypto access for clients already engaged in traditional investments.
📎 Related coverage from: cointelegraph.com
Other Tags: Charles Schwab, Rick Wurster